incorporate

Incorporation

The process by which a business becomes a legal entity separate from its owner(s). Incorporation presents a number of advantages: becoming a separate legal entity means that the business itself makes or loses money, which protects owners from liability for its debts. Likewise, a corporation is taxed on its earnings separately from its owners, and, in many countries, the corporate tax rates are lower than personal tax rates. The process of incorporation involves writing articles of incorporation and registering them with the appropriate government entity in order to receive a corporate charter, which confers corporate legal status.

incorporate

To obtain a state charter establishing a corporation. Owners of proprietorships and partnerships incorporate in order to obtain limited liability for themselves and for potential investors. The limited liability makes it easier for the firm to raise additional equity capital.

incorporate

To form a corporation by filing documents in the appropriate state authority, which may be one's own state or a corporation-friendly state such as Delaware. Once having formed the corporation,one must pay annual franchise taxes to the state for the privilege of existing as an artificial entity, and one must observe all the forms and conventions of corporate existence. In other words, the sole shareholder cannot form a corporation and then never have meetings, never sign documents in the corporate name,take all corporate money for personal use without accounting for it on the books and records of the corporation, and generally behave as if the corporation did not exist.If the shareholder(s) behave as if the corporation does not exist, then creditors may be able to pierce the corporate veil and seize assets of the individual shareholders.

A properly conceived Balanced Scorecard incorporates input and feedback from top-level executives down to the front-line workers in a company to set goals in four areas: customer satisfaction/loyalty, internal business processes, learning and growth, and financials.

As a set, these towers incorporate an increasingly sophisticated range of materials and detailing, including marble and laminated float glass, and display a range of whole-building colour types, from pink (Central Plaza) to white (Budaya).

BSA is a useful tool for learning how to think more expansively about stakeholders, and then actively to incorporate these newly identified stakeholders into the corporate decision-making process without sacrificing institutional values.

Once placed in this context, the meaning of "community" needs to be broadened to incorporate groups of peoples or locales outside the immediate geographical or social environment of a particular university.

For example, the Standardized Reference Emission Scenarios incorporate linked models of human economic activity and their resulting anthropogenic emissions with models of the earth system responses to the forcings from these emissions (Nakicenovic et al.

This "spiral development" approach allows the Army to incorporate technological developments as new technologies mature, while allowing the Army to work on how to incorporate the changes in the new brigade combat teams.

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